ALL YOU NEED TO KNOW ABOUT CREDENTIALING AND ENROLLMENT IN HEALTHCARE
CMS (Centers for Medicare and Medicaid Services) offers two ways for healthcare providers to get recognized and participate in the Medicaid and Medicare programs – these are provider enrollment, and provider credentialing services. The significant difference in enrollment and credentialing is the application process to become a Medicare or Medicaid provider. Enrollment in healthcare is the first step for all providers who wish to partake in Medicare and Medicaid programs. While credentialing is a secondary process that some providers need, not all. Credentialing entails verification of providers – whether or not they meet specific qualifications to participate in the programs. Let’s dive deep to fully understand the differences between credentialing in medical billing and enrollment in healthcare.
Defining Payer Enrollment in Healthcare
Payer enrollment is requesting enrollment in healthcare insurance panels and medical billing plans. If you are a medical practitioner and want quick payments from your patient’s insurance, you must enroll with the payers. The process requires many application documents and necessitates organization on applicant’s end – since the enrollment process in healthcare is detail-rich. Once the applications get submitted to the payers – a healthcare provider’s medical credentials must be submitted, along with the supporting documentation. Furthermore, it is also essential that a provider’s credentials are verified before a practice is accepted by payers. If all goes smoothly, a contract will be made and signed.
Types of Payer Enrollment in Healthcare
The enrollment processes for different payers vary. Furthermore, different enrollment processes can be put to use for the new medical staff and when medical practices are applying for staff members to Medicare. Different types of enrollment have varying institutional references. For instance, CMS is the typical go-to resource for enrolling a practice into a Medicare program – the same as commercial payer enrollments.
Defining Provider Credentialing in Medical Billing
Credentialing is one of the most exhaustive processes for healthcare practitioners – verifying their:
Background
Education
Identity
Residency
Licensing and other additional criteria
Medical credentialing and physician credentialing can oftentimes be used interchangeably. To avoid confusion, medical credentialing applies to professionals who administer care, including:
Physicians
Nurses
Therapists
Radiologists, etc
Secondly, the individual physician credentialing is also exhaustive – taking over 4 months to complete. Physicians must submit credentialing data, including:
Street addresses
Recent photograph
Copy of NPI (National Provider Identifier), and more.
With any financial product that you buy, it is important that you know you are getting the best advice from a reputable company as often
With any financial product that you buy, it is important that you know you are getting the best advice from a reputable company as often
With any financial product that you buy, it is important that you know you are getting the best advice from a reputable company as often
With any financial product that you buy, it is important that you know you are getting the best advice from a reputable company as often
With any financial product that you buy, it is important that you know you are getting the best advice from a reputable company as often
However, this basic information must accompany with additional and extensive details, including:
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Types of Provider’s Medical Credentialing
The requirements of medical credentialing include:
- • Proof of identity
- • Educational and training certificates
- • Professional Licensure
- • Military service – if and when applicable
- • Board certification
- • DEA Registration, CDS Certifications, State DPS
- • Affiliations and Work History
- • Sanctions disclosure reports
- • Criminal background disclosure reports
- • Health status
- • Malpractice insurance
- • NPDB
- • Professional references
All of these items come in handy when a medical practice applies. The enrollment and credentialing specialists file this information in their databases to verify and format the submissions. Here, the final verification report is archived automatically.
Key Differences between Medical Credentialing and Payer Enrollment
The payer enrollment or provider enrollment credentials apply to an insurance panel. On the other hand, medical credentialing is a repository of information for verifying the valid status of a healthcare practice and all of its members. The medical credentialing process must be completed before an organization or provider can enroll with or bill an insurance carrier.
Interrelation of Credentialing and Provider Enrollment in Healthcare
Physician credentialing and provider enrollment in healthcare are two critical processes for every healthcare organization. While both seem unrelated, the two processes are interrelated. Provider enrollment is enrollment of healthcare providers with private health and government insurers. On the other hand, physician credentialing is a process of verifying a physician’s credentials and privileges for being able to practice at a healthcare facility. One essential requirement for a provider’s enrollment in healthcare is proof of physician credentialing. In other words, a healthcare practitioner cannot enroll with an insurer until and unless they undergo credentialing. Insurers must verify that a particular provider is qualified to offer care before they can start billing them for care services. Similarly, most healthcare facilities will not grant physician privileges unless they properly enroll with the facility. The provider typically does enrollments; however, credentialing is usually done by the health insurance company. Again, there are some cases where different parties complete the two processes. For instance, if a provider is credentialed through CMS, they must submit an enrollment application to CMS.
Classic Steps for Credentialing a Healthcare Provider
- 1- First off, make a list of everything you will need for provider credentialing applications, including:
- • Medical licenses
- • Employment history
- • Resume or curriculum vitae
- • Certificates
- • Medical malpractice certificates
- • Recommendations
- • Clinic ownership data
- • W-9
- • Criminal records/li>
- • Bank records, and more.
- 2- Collect the provider’s National Provider Identifier (NPI), Federal Income tax ID, and Clinic EIN; all of this information must be with information on the W-9 application .
- 3- Get a provider’s CAQH ID after registering them with CAQH. Verifying that CAQH has an updated W-9 and liability certification for the provider is important.
- 4- Ensure your work and graduation dates are in month/year format. CAQH might reject your application if it is not provided with accurate /li>
- 5- CAQH shall email the healthcare provider each quarter to re-attest that the information in the portfolio is up-to-date for taking prompt actions.
- 6- It is always specified if there is a requirement for a provider’s authentic written signature for processing the healthcare.
- 7- Filling out and submitting a set of applications to every health insurance provider.
- 8-It is important to follow up on the provider’s credentialing application with health insurance providers, as they are notorious for not returning calls if anything is missing from the application. Throughout the credentialing process – keep track of all calls and online discussions.
- 9- It is important to follow up on the provider’s credentialing application with health insurance providers, as they are known for not returning calls if anything is missing from the application. Throughout the credentialing process – keep track of all calls and online.
- 10- Lastly, maintain copies of all/any healthcare applications and contracts you send out and the health insurance payer’s credentialing and enrollment letters.
Advantages of Credentialing and Enrollment
Both credentialing and enrollment in healthcare ensure:
- Payers have complete data on your medical specialty or practice.
- More patient referrals, getting fast-track payments from payers.
- Reduction in chances of revenue losses in forms of claim denials.
- Getting rid of manual paperwork and submitting piles of application forms quickly.
- Building relationships with different payers for increasing revenue..
- Attaining real-time insights on provider credentialing and enrollment transactions.
The Wrap Up
Provider credentialing is an essential requirement for providing care services to patients. Moreover, providers can also grow their networks and bring in more patients for their practice. Physicians Revenue Group, Inc. offers credentialing services and enrollment in healthcare for medical practices in the USA. Our team of credentialing experts handles the entire documentation process. Consequently, our partner medical providers can begin practicing and working with more insurance payers. Let our enrollment and credentialing teams handle the process – why you take care of your patients.